Vision Corporation Limited Reports Q3 FY26 Results with Revenue Decline and Net Loss
Vision Corporation Limited reported Q3 FY26 results showing revenue from operations of ₹3.09 lakhs, down from ₹384.20 lakhs in Q3 FY25, and a net loss of ₹16.11 lakhs compared to ₹11.73 lakhs loss in the previous year. Year-to-date performance showed total revenue of ₹25.59 lakhs against ₹1,195.70 lakhs in the corresponding period last year, with net loss widening to ₹61.01 lakhs from ₹31.32 lakhs.

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Vision corp announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational conditions with significantly reduced revenue and continued losses. The Board of Directors approved these results in their meeting held on February 13, 2026, with the statutory auditors providing an unmodified opinion on the financial statements.
Financial Performance Overview
The company's financial performance for Q3 FY26 showed a marked deterioration compared to the previous year. Revenue from operations declined dramatically to ₹3.09 lakhs from ₹384.20 lakhs in the corresponding quarter of FY25. The company reported no other income during the current quarter, resulting in total income of ₹3.09 lakhs compared to ₹384.93 lakhs in Q3 FY25.
| Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹3.09 lakhs | ₹384.20 lakhs | -99.2% |
| Total Income | ₹3.09 lakhs | ₹384.93 lakhs | -99.2% |
| Net Loss | ₹16.11 lakhs | ₹11.73 lakhs | +37.3% |
| Basic EPS | -0.081 | -0.059 | -37.3% |
Expense Analysis
Total expenses for the quarter amounted to ₹19.21 lakhs, significantly lower than ₹396.67 lakhs in Q3 FY25. The major expense components included employee benefits expense of ₹2.63 lakhs, depreciation and amortisation expense of ₹8.70 lakhs, and other expenses of ₹7.88 lakhs. Despite the reduced expense base, the company's low revenue resulted in a net loss of ₹16.11 lakhs for the quarter.
Year-to-Date Performance
The nine-month period ended December 31, 2025, reflected similar challenges with total revenue of ₹25.59 lakhs compared to ₹1,195.70 lakhs in the corresponding period of the previous year. Year-to-date expenses totaled ₹86.61 lakhs, resulting in a net loss of ₹61.01 lakhs against a loss of ₹31.32 lakhs in the same period last year.
| Period | YTD FY26 | YTD FY25 | Change |
|---|---|---|---|
| Total Revenue | ₹25.59 lakhs | ₹1,195.70 lakhs | -97.9% |
| Total Expenses | ₹86.61 lakhs | ₹1,227.76 lakhs | -92.9% |
| Net Loss | ₹61.01 lakhs | ₹31.32 lakhs | +94.8% |
Balance Sheet Position
As of December 31, 2025, the company's total assets stood at ₹1,633.89 lakhs compared to ₹1,588.00 lakhs as of March 31, 2025. Current assets increased to ₹1,089.54 lakhs from ₹1,035.48 lakhs, primarily driven by higher trade receivables of ₹263.42 lakhs. The company maintained an equity base of ₹888.73 lakhs with equity share capital of ₹1,997.01 lakhs and accumulated losses reflected in other equity of ₹1,108.28 lakhs.
Regulatory Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026. The statutory auditors, Bhasin Hota & Co., provided a limited review report with an unmodified opinion, confirming compliance with applicable accounting standards and SEBI regulations. The company operates in a single business segment, making segment-wise reporting not applicable.
Historical Stock Returns for Vision Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -10.06% | -11.22% | -11.78% | -19.01% | +194.68% |


























